The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Chipotle Mexican Grill (CMG - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Chipotle Mexican Grill is one of 225 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CMG is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CMG's full-year earnings has moved 2.85% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, CMG has gained about 91.60% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 16.89% on a year-to-date basis. As we can see, Chipotle Mexican Grill is performing better than its sector in the calendar year.
Looking more specifically, CMG belongs to the Retail - Restaurants industry, which includes 46 individual stocks and currently sits at #100 in the Zacks Industry Rank. On average, stocks in this group have gained 25.43% this year, meaning that CMG is performing better in terms of year-to-date returns.
CMG will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.